The allotment for Arkade Developers IPO is expected to be finalised today, September 20, 2024, after the strong demand witnessed during the subscription period. The IPO, which opened for bids from September 16 to September 19, garnered immense interest, with an overall subscription of 106.83 times. The IPO listing is set for September 24, 2024.

Investors can check their Arkade Developers IPO allotment status online through the BSE website or the registrar’s portal at Bigshare Services Pvt Ltd. Here’s a step-by-step guide to checking your allotment status:

How to Check Arkade Developers IPO Allotment on BSE:

  1. Visit the BSE allotment page: BSE IPO Status Page
  2. Select ‘Equity’ under ‘Issue Type.’
  3. Choose ‘Arkade Developers Limited’ from the ‘Issue Name’ drop-down menu.
  4. Enter your Application Number or PAN.
  5. Verify the captcha and click ‘Search.’

How to Check Allotment on Bigshare:

  1. Visit the Bigshare Services website: Bigshare IPO Status Page
  2. Select ‘Arkade Developers Limited’ in the Company Selection dropdown.
  3. Choose from Application No., Beneficiary ID, or PAN.
  4. Enter the required details and captcha code, then click ‘Search.’

Arkade Developers IPO GMP Today:

The grey market premium (GMP) for Arkade Developers stands at ₹86 per share today. This indicates that the shares are expected to list at ₹214, about 67% higher than the IPO price of ₹128 per share.

Arkade Developers raised ₹410 crore from the IPO, entirely through fresh equity shares.

TOPICS: Arkade Developers